Study On The Supply And Demand Of Household Microfinance And Its Influencing Factors In Bayannur City

In the new century,for 19 consecutive years since 2003,the "No.1 Central Document" has focused on issues related to agriculture,rural areas and farmers.Finance is playing an increasingly important role in the process of solving the problems concerning agriculture,rural areas and farmers.In particular,rural microfinance can effectively solve the financial needs of farmers in production and life.However,in the actual operation,the difference between the supply and demand of farmers’ microfinance has been difficult to solve.Moreover,it is difficult to establish a unified standard due to the huge differences in development between different regions.Based on this,this thesis takes Bayannur City as an example to deeply analyze the factors affecting farmers’ supply and demand of microcredit,hoping to provide some empirical evidence to solve this problem.This thesis first introduces the concepts and theories of microfinance,supply and demand theory.Secondly,by taking Bayannur City as an example,this thesis analyzes the demand status of farmers’ microfinance from the perspective of fund demand amount,term,source and use through questionnaire survey,and analyzes the supply situation of farmers’ microfinance from the four aspects of supply subject,amount,term and interest rate.Thirdly,this thesis analyzes the influencing factors of farmers’ demand for microfinance in Bayannur City from the aspects of farmers’ own characteristics,financial institutions and government policies by building a regression model.The results show that the credit term has a significant impact on farmers’ demand for microfinance,and the publicity intensity of policies and regulations also has a significant impact on farmers’ demand for microfinance.In addition,this thesis analyzes the factors affecting the supply of micro-credit from credit factors,operational factors,policy factors and other aspects.Fourthly,this thesis further studies the problems existing in the supply and demand of farmer microfinance in Bayannur City.Finally,based on the aforementioned research,this thesis puts forward specific policy suggestions,such as standardizing the business process of rural credit cooperatives microfinance,expanding publicity and popularization,increasing funding sources,guiding people to use microfinance through services,improving the credit evaluation system of farmers,and establishing a binding credit system.